• Market Cap
    $396.849B -0.94%
  • POW Market Cap
    $308.101B -3.93%
  • POS Market Cap
    $19.023B -2.59%
  • Masternodes Market Cap
    $1.175B -0.69%

StakeCube was compromised resulting in a major theft

By Inkarias - 2020-02-24

The core team of StakeCube has informed the community that Stakecube has experienced a partially successful attack. After being brought to their attention that a large transaction of SCC had been moved from the pool balance, the developers were not able to stop this transaction. Furthermore, they have contacted all SCC exchanges to make sure to isolate these coins. The team will be performing a hard fork on SCC blockchain to the moment before the large transaction took place to solve the problem in the long term.

Information regarding the attack and upcoming changes

Upon discovering the missing SCC, the team found out that a group of other coins have been breached. LTC, DASH, DOGE, BTC, RDD & BITG are the other coins that have been taken from. The amounts of these coins is quite important but will be fully restored wiith Stakecube funds. The website will stay closed down until the team find and fixes the issue before reopening the website. The team will be providing more details on the new updates in the coming days. The attack come from a bug in the internal transfers that allowed the user to manipulate his balance on database. The team is currently working on recreating and resolving the issue.
Coin recovery (LTC, DASH, DOGE, BTC, RDD & BITG):
he quickest solution for the team is to liquidate their DASH masternode and refill the coins in hot wallets. This process is planned to be conducted today or tomorrow. Unfortunately, at this moment, exchanges have not closed the SCC markets and it is therefore recommended to not trade there or to perform any transaction on the network.